Author Archives: saxena
Short Trade only Justifiable Strategy
The fact that rating agencies are struggling to come to grips with the seemingly unending stream of guidance reports from the corporate and sovereign sectors can by itself justify an unequivocal sell-on-rallies market call. Because hardly any of the recent … Continue reading
Securitization Only Way Forward for Growth Companies
The turmoil in the global economy has serious implications for growth corporations in the emerging markets. Rather than assessing corporate capital raising exercises from within the rational prism of the credibility (or otherwise) of business models, the markets are simply … Continue reading
Cyclical Argument for Equities in Serious Question Today
Recent facts from the emerging markets demand that American corporations conduct a fundamental review of the nature, quality and behaviour of their offshore assets. And stock analysts recommending long positions in American companies with significant overseas income flows need to … Continue reading
Why Equities will Follow the Debt Meltdown
While the turmoil in the debt markets is set to continue, despite the passage of the bailout package, Wall Street analysts are now busy making the case for equities. There are unique buying opportunities out there today, is a classic … Continue reading
AIG, and the Collapse of the Global Capitalist Economy
It is not about regulation and de-regulation, as Washington lawmakers would like you to believe. It is also not about the inability to control derivative transactions, as self-styled experts are claiming on your television sets. In fact, if the facts … Continue reading
Asset Swaps are a Portfolio Imperative Today
In its most rudimentary form, an asset swap is an exchange of the cash flow or risk profile of one asset for another, for a given, pre-determined period of time. Assets swaps are undertaken for a variety of reasons but, … Continue reading
From Gold to Dust in South American mining
Last month, citing the need to exercise greater control over national mineral resources, Ecuador suspended exploration and revoked a series of mining concessions. Late this week, Venezuela banned open-pit mining, and halted all activity in the vast Imataca reserve, which … Continue reading